Asian markets strong ahead of US data

By FXstreet.com | January 30, 2013 AAA

FXstreet.com (Barcelona) - With key events in the US, including ADP employment, GDP, and the FOMC meeting, Asian equity indexes closed on the "green side". Japan's Nikkei Stock Average (+2.28%), South Korea's Kospi (+0.43%), Australia's S&P/ASX 200 (+0.16%), Hong Kong's Hang Seng (+0.73%) and China's Shanghai Composite (+0.81%) moved higher on Tuesday, like most of Asia/Pacific indexes. Investors may also be celebrating the return of the S&P500 to $1500.



Futures for the German DAX 30 (+0.01%) and the French CAC 40 (+0.00%) are signaling a flat opening ahead of the European session and calendar that includes: Spain GDP, Italy 10-year auction, UK money supply, EMU confidence report, and German 30-year auction. WTI crude oil trades at $97.56 (-0.04%) and Gold rises to $1668.33 (+0.28%).



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